Solana

On 06 February, after three sessions of outflows, crypto markets saw a single-day swing above 10%, and Solana began outperforming Ethereum on several metrics. Solana’s perpetuals volume reached $12.1 billion versus Ethereum’s $9.6 billion, while its stablecoin market rose 8.5% versus 0.2%. The SOL/ETH ratio hovered near 0.04, a historically important area.

Market analyst Umair Crypto has updated his technical outlook on Solana after the altcoin broke key supports and slumped below $80 to a two-year low. He notes that Solana’s structure is still firmly bearish but sees room for a gradual recovery if price can reclaim levels such as the former $100.93 point of control. Umair outlines upside targets at $120.59, $128.43, $138.77, and $150.36, with a longer-term projection toward $200–$210 if SOL can sustain strength above $150.36.

On 6 February 2026, Bitcoin ETFs saw roughly $331 million in net inflows, while Ethereum products registered about $21 million in net redemptions and Solana funds also posted withdrawals. XRP spot ETFs stood out with approximately $15 million in net inflows, underscoring a preference for Bitcoin and select altcoins over broader crypto exposure.

21Shares submitted an amended S-1 for the proposed 21Shares Ondo Trust, keeping its Ondo-linked ETF effort active as regulators review tokenization vehicles. Bloomberg's Eric Balchunas highlighted the update on February 6, 2026. ONDO traded around $0.256, up about 4% on the day but roughly 15% lower over the week.

Bitcoin's volatile week included a drop from $77,000 to $60,000 between Thursday and Friday, a recovery attempt toward $72,000, and a pullback near $68,000. Ethereum rebounded to $2,010 after slipping below $2,700, while SOL, BCH, XMR, XRP, TRX, DOGE, and ADA advanced. The total crypto market value added over $100 billion to reach $2.4 trillion.

On 7 February 2026, Coinbase adopted the Sui token standard, adding native infrastructure support for SUI-based assets alongside Ethereum and Solana. Coinbase said the decision reflects Sui's strong developer activity and technical maturity. Following the announcement, SUI traded around $0.9726, up ~3%, with market cap near $3.7 billion and 24-hour volume close to $1 billion.

On February 5, Solana-linked spot ETFs saw $2.82 million in net inflows as SOL traded around $79, contrasting with sizeable outflows from Bitcoin and Ethereum products. Despite the token dropping over 30% in a week and slipping below key price levels, derivatives data and ETF flows indicate some institutional investors are still maintaining exposure. Network usage also remains active, with more than $31 billion in weekly DEX spot volume processed on Solana.

China is reportedly increasing oversight of public RWA tokenization to curb capital flight, steering activity toward permissioned, state-backed blockchains instead of open crypto networks. Against this backdrop of fragmented global liquidity, LiquidChain is promoting a unified cross-chain execution layer for Bitcoin, Ethereum, and Solana and has raised $526,615.32 in its presale at a token price of $0.01355. The project positions its $LIQUID token as core fuel for this interoperability infrastructure aimed at easing cross-chain friction.

Solana extended its slide as more than $300 million in long positions were liquidated, while selling pressure remained dominant around resistance areas. At the time of writing, SOL traded at $83.98, down 6.63% on the day and 27.9% over seven days, with volume above $15.46 billion pointing to active participation during the drop.

Pump.fun has confirmed the acquisition of Vyper, integrating its high-performance trading terminal into the Pump.fun Terminal to strengthen EVM and cross-chain execution during a volatile market in early February 2026. In parallel, Bitcoin Hyper ($HYPER) is positioning itself as a Bitcoin Layer 2 using an SVM-based architecture, processing over 50K transactions per second with sub-second finality and backing its "usable Bitcoin" thesis with a $31M presale and notable whale participation.